The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas.
Oil Sands Mining News
The country’s economy shrank 1.6% in the April-to-June period, the largest quarterly decline in seven years.
Experts warn Canada's mining industry faces a looming risk it's not ready to deal with — lack of access to workers with the skills needed in an upswing.
This week's chart looks at costs per barrel, exports, and total oil production.
Pan Orient Energy's strong balance sheet puts it in position to begin drilling at East Jabung in Indonesia at the end of this year.
It's possible that OPEC is crying wolf with hints of an output freeze next month in Algiers; but it's also possible that they are ramping up production to take the sting out of a freeze.
Bob Moriarty points investors toward information that accurately captures movement in energy markets.
Mineral and mining industry highlights top priorities at Energy and Mines Ministers’ Conference.
Saudi Arabia suggests it may be increasing its August crude output to a new all-time high as it could give it more leverage to influence the September informal talks on a possible production freeze, Reuters reported on Wednesday, citing industry sources.
Between September and January, a federal panel will review how Canada handles environmental assessments for major resources projects and provide suggestions.
Not even counting the $7.7 billion in write-downs and charges, BHP’s underlying profit dropped by a painful 81% to $1.2 billion for the year to June.
A wave of overbuilding and production increases in recent years — spurred by a spike in crop prices and a perceived demand that didn't quite materialize — have left the market flooded with supply.
Experts blame increased number of mergers and acquisitions, but there’s more to it, study shows.
The U.S. electric power sector burned through a record amount of natural gas in recent weeks, a sign of the shifting power generation mix and also a signal that natural gas supplies could get tighter than many analysts had previously expected.
The project, one of Canada’s oldest, will remain closed until benchmark oil prices rise above US$50 per barrel.
Devised by California-based Richfield Oil Corporation, Project Oilsand was uncannily simple: Get an atomic bomb from the Americans and blow it up under Athabasca.
New report shows commodity assets under management jumping to $235 billion, the best performance since 2009, largely due to physical gold ETF inflows.
Oil and gas companies have gutted their capex budgets, necessary moves as drillers went deep into the red following the crash in oil prices. But the sharp cutback in investment means that huge volumes of oil that would have otherwise come online in five or ten years now will remain on the sidelines.
CHART: The gold price may grab headlines, but coal's rally comes as a shocker – thermal prices are up 22% in 2016 and coking coal's back in triple digits.
Imperial, Canada’s No.2 integrated oil producer and refiner, posted a surprise $181-million loss in its second quarter.
The largest crude oil producer in Canada announced net losses of C$735 million after Alberta wildfires near Fort McMurray forced its oils sands operations to be temporarily suspended back in May.
Systematic cost cutting has taken some strain off Teck's balance sheet over the last few years as metal prices have slumped.
Husky Energy says its thermal oilsands project that was shut down while wildfires swept through the Fort McMurray, Alta., region in May is already back to producing bitumen at its previous level.
Canada’s No. 3 integrated oil company, reported a smaller-than-expected quarterly loss as the focus on fewer, more efficient resource plays helped reduce production costs.
What killed the dinosaurs? It's a question as old as – well the dinosaurs themselves, and one that everyone from school children to scientists have been asking for decades.